Shiba

Dogecoin

Shiba Inu

Divergence

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/shiba-inu-price-shows-signs-of-significant-increase/" data-wpel-link="internal">Shiba Inu Price Shows Signs of Significant Increase</a><br></p>
<p style="text-align: justify">The price of <a href="https://en.coin-turk.com/shiba-coin-shib-faces-major-disappointment-shibarium-fails-to-sustain-user-interest/" data-wpel-link="internal">Shiba</a> Inu (SHIB), one of the leading meme coins in the market, has shown a noticeable increase with the recovery in the broader cryptocurrency world. The rise in <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market conditions</a> is thought to have positive effects on SHIB as well. It is also discussed that SHIB presents a positive outlook that could lead to larger price increases. Several indicators suggest that Shiba Inu has the strength to generate gains.</p> 
<h2 style="text-align: justify" id="support-from-shiba-inu">Support from Shiba Inu</h2> 
<p style="text-align: justify">About a week ago, Shiba Inu’s X account shared a support message for NEIRO, a newly emerging dog-themed meme coin. Neiro is said to have connections with the creators of the original Dogecoin meme coin, making it related to the origins of dog-themed cryptocurrencies.</p> 
<p style="text-align: justify">Following the post by Shiba Inu, rumors are growing that it might be collaborating with Neiro, which could significantly impact its market value.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-382260" src="https://coin-turk.com/wp-content/uploads/2024/08/shib-neiro-coin-turk-com.png" alt="" width="554" height="283"></p> 
<p style="text-align: justify">Meanwhile, in the last 24 hours, Shiba Inu’s price has shown a promising upward trend. The meme coin’s price continues to move between $0.00001421 and $0.00001355. SHIB’s price continues to find buyers at $0.00001415 after a 3.57% increase on Thursday. The price increase also indicates that a process consistent with the general upward trend in the market is being experienced.</p> 
<h2 style="text-align: justify" id="shiba-coin-chart">Shiba Coin Chart</h2> 
<p style="text-align: justify">Shiba Inu’s price is currently facing a significant resistance point at the $0.000015 region. If it surpasses this level, the price could rise above $0.00002. A price movement above the second level could trigger a return to the $0.00003 level, opening the door for a notable short-term increase for SHIB investors.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-382261" src="https://coin-turk.com/wp-content/uploads/2024/08/shib-grafik-coin-turk-com.png" alt="" width="554" height="286"></p> 
<p style="text-align: justify">The Moving Average Convergence Divergence (MACD) continues to show an upward trend as the MACD line (blue) recently crossed above the signal line (orange). This is generally considered a bullish signal and reflects the potential for upward momentum in the near term.</p> 
<p style="text-align: justify">Conversely, if SHIB fails to break the resistance and continues its downward trends, the Shiba Inu price could retreat to the support around the $0.000014 region. A deeper decline due to a negative market outlook could see the price drop to $0.000013.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/shiba-inu-price-shows-signs-of-significant-increase/" data-wpel-link="internal">Shiba Inu Price Shows Signs of Significant Increase</a></h5>
<p>The post <a href="https://en.coin-turk.com/shiba-inu-price-shows-signs-of-significant-increase/" data-wpel-link="internal">Shiba Inu Price Shows Signs of Significant Increase</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Shiba Inu Price Shows Signs of Significant Increase

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